Japan GDP Growth Rate

Japan GDP Growth Rate 7 June 2023

Japan GDP Growth Rate 7 June 2023: 0.7% for Q1 2023, above the 0.5% forecast and against 0.1% in Q4 2022 (first reported as 0%). It is the highest reading since Q2 2022. 8 of the last 12 releases came in above the forecast. It was released on Wed 7 Jun 2023 at 23:50 UTC.

These figures were verified on 4 Oct 2026 from the source: Cabinet Office, Japan. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.7%
Q1 2023
Forecast
0.5%
The market consensus
Previous
0.1%
As the source gives it

What a print like this usually does

Above the forecast: A broad upward revision may modestly support the yen by confirming stronger domestic activity.

Japan GDP Growth Rate 7 June 2023: 0.7% for Q1 2023 against a 0.5% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Japan GDP Growth Rate 7 June 2023: 0.7% vs 0.5% forecast (Cabinet Office, Japan). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/jp-gdp/2023-06-07

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
7 Jun 2023Q10.7%0.5%0.1%
8 Mar 2023Q40%0.2%-0.3%
7 Dec 2022Q3-0.2%-0.3%1.1%
7 Sep 2022Q20.9%0.7%0.1%
7 Jun 2022Q1-0.1%-0.3%1.0%
8 Mar 2022Q41.1%1.4%-0.7%
7 Dec 2021Q3-0.9%-0.8%0.5%
7 Sep 2021Q20.5%0.4%-1.1%
7 Jun 2021Q1-1%-1.2%2.8%
8 Mar 2021Q42.8%3%5.3%
7 Dec 2020Q35.3%5%-8.3%
7 Sep 2020Q2-7.9%-8.1%-0.6%